BBA: Finance Courses

Chapter 10: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 10

Cost Allocation: Joint Products and Byproducts MCQ (Multiple Choice Questions) PDF - 6

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Cost Allocation Joint Products & Byproducts Questions & Answers PDF Download: MCQ Quiz 6

MCQ 26: The gross margin percentage in constant gross-margin percentage NRV method is based on

A) total labor costs
B) total production
C) total revenues
D) total costs

MCQ 27: The third step in constant gross margin percentage NRV Method to allocate joint cost is to compute

A) Gross margin percentage
B) total production cost of each product
C) allocated joint costs
D) cost of split off point

MCQ 28: An expected future cost which diverges in unconventional course of action is known as

A) partial cost
B) total cost
C) irrelevant cost
D) relevant cost

MCQ 29: If the net realizable value is $20000 and the separable costs are $18000, then the final sales will be

A) $20,000
B) $18,000
C) $2,000
D) $38,000

MCQ 30: The value of sales, consider sales value at split off method is of

A) entire direct material of accounting period
B) entire production of accounting period
C) portion of production of accounting period
D) entire indirect material of accounting period

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Cost Allocation Joint Products & Byproducts App (Android & iOS)

Cost Allocation Joint Products & Byproducts App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Marketing Principles App (Android & iOS)

Marketing Principles App (Android & iOS)

Financial Markets App (Android & iOS)

Financial Markets App (Android & iOS)